BANKNIFTY in inverted head and shoulders pattern, big move..?
As we analysed BANKNIFTY had been sideways to volatile throughout the day now we can see BANKNIFTY being in more like inverted head and shoulders pattern which shows signs of strong uptrend hence we should wait for neckline to break, neckline to witness here is 42650-42700 levels on the break of which we can see 300-400++ poimts upmove if opens flat but if opens gap up then we can see another sidwaays to volatile market so keep watching everyone
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